Diwali is marked as the beginning of a new year for businessmen who believe it to be an auspicious day which brings in wealth and prosperity throughout the year. Goddess Laxmi showers her blessings on the occasion of Diwali and therefore, any buy or sell trading brings a good fortune in the upcoming year. The long-standing tradition of Indian businesses is to welcome the Indian New Year with a Ganpati or Laxmi Pooja or any other inauguration ceremony known as Muhurat. “Muhurat” is a Sanskrit word which is used to denote the most auspicious time to start any new work. One “Muhurat” roughly measures to one-thirteenth of the total day time.
Traders around India follow the same ritual. On Diwali, trading sessions are held where most traders buy on this day considering it to be prosperous and fortunate for the upcoming year. Many new traders start their careers on this day with a belief of embracing goddess “Lakshmi” in their life. Traders commemorate this day with great zeal and enthusiasm. Traders decorate their offices, wear new clothes and start the day by distributing sweets and even their family members join the prayer held in the office. On this day, they also close their old account books and new account books are opened with the introduction of the new Samvat.
Crypto markets are open 24 Hours. It is the most favourable opportunity to kickstart your trading career. A good approach is to start small. Invest small amounts in one or two famous cryptos BTC and ETH. Use the weeks or months that follow to monitor their price movements. Once you have some trading experience, you could gradually scale up your portfolio to include more cryptos in your portfolio. CoinDCX, India’s largest and simplest trading platform, has a variety of products to begin your prosperous year From spot trading on DCXtrade to margin trading on DCXmargin, you can choose your products based on your comfort and risk tolerance. This is the best time to have a wonderful investment journey. What is stopping you? Let this Diwali bring in lots of possibilities your way to make more wealth. Invest in Crypto markets now!
MUHURAT TRADING ON COINDCX
This Diwali, Do Muhurat Trading on CoinDCX for 3 days (72 hours) of Diwali. Make it your Shubh Muhurat to make new buy orders and open new positions on DCXtrade and DCXmargin and earn the trading fee rebates on the trades you make.
Muhurat Dates – October 27, 28, and 29
We pray the light illuminate the new chapters and investments of your life. Happy Diwali from the entire DCX Family.
Note – Though this day has mostly proven to be a good day for all traders and brings luck, it is still advisable to traders to invest with sound research and analysis and make this day a kick start for the year ahead.